Highest FD rates: Despite 1% RBI rate cut, get up to 9% interest rate on fixed deposits - check list
Wednesday, 25 June 2025 () Despite repo rate cuts, some small finance banks offer attractive FD rates above 8%. Slice Small Finance Bank leads with 9% for specific tenures. While these banks target underserved regions and offer higher returns, analysts advise caution due to their elevated risk profiles compared to commercial banks, even with deposit insurance.
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..